A circular economy is an alternative to a traditional linear economy (make, use, dispose) in which we keep resources in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at the end of each service life. As well as creating new opportunities for growth, a more circular economy will: - reduce waste - drive greater resource productivity - deliver a more competitive UK economy. - position the UK to better address emerging resource security/scarcity issues in the future. - help reduce the environmental impacts of our production and consumption in both the UK and abroad. 1. 2. 3. It presents a high-level map of how products and materials move through a circular economy. It is divided into three parts: The inner circles present the key stages in the lifecycle or value chain of paper and packaging products; The inner circles present the key stages in the lifecycle or value chain of paper and packaging products; The outer circle presents the broader market and policy context that shapes decision-making within the system (Product research, design and development; SOURCE: Ellen MacArthur Foundation circular economy team Closed cycles Renewable energy Systems thinking Source -(Korhonen, Honkasalo and Seppälä, 2018). Transition scenario: Conservative assumptions, focusing on changes in product designs, reverse cycle capabilities Advanced scenario: Assuming more radical changes especially in terms of further developed reverse-supplychain competencies, and other enabling conditions such as customer acceptance, cross-chain and crosssector collaboration, and legal frameworks SOURCE: Eurostat 2007 input-output tables for EU-27 economies; Ellen MacArthur Foundation circular economy team